Final
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON FINANCE
Date: | 04/13/2006 | ATTENDANCE | |
Time: | 11:46 AM to 01:22 PM | Benefield | X |
Cloer | X | ||
Place: | HCR 0107 | Crane | X |
Frangas | X | ||
This Meeting was called to order by | Garcia | X | |
Representative Vigil | Harvey | X | |
Jahn | X | ||
This Report was prepared by | Kerr | X | |
Ron Kirk | Marshall | X | |
Massey | X | ||
McCluskey | X | ||
Judd | X | ||
Vigil | X | ||
X = Present, E = Excused, A = Absent, * = Present after roll call |
Bills Addressed: | Action Taken: | ||
HB06-1395 HB06-1050 HB06-1164 HB06-1114 SB06-045 HB06-1163 HCR06-1002 SB06-173 HB06-1394 | Referred to Appropriations Amended, Referred to Appropriations Postponed Indefinitely Postponed Indefinitely Referred to Appropriations Postponed Indefinitely Amended, Referred to the Committee of the Whole Referred to Appropriations Referred to the Committee of the Whole |
BILL: | HB06-1395 | |
TIME: | 11:54:37 AM | |
MOVED: | Cloer | |
MOTION: | Refer House Bill 06-1395 to the Committee on Appropriations. The motion passed on a 13-0-0. | |
SECONDED: | Judd | |
VOTE | ||
Benefield | Yes | |
Cloer | Yes | |
Crane | Yes | |
Frangas | Yes | |
Garcia | Yes | |
Harvey | Yes | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | Yes | |
Judd | Yes | |
Vigil | Yes | |
Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS |
BILL: | HB06-1050 | |
TIME: | 12:10:09 PM | |
MOVED: | Judd | |
MOTION: | Moved to reconsider amendment L.003 (Attachment E). (On March 8, 2006, the House Finance Committee adopted amendment L.003. The amendment changes the funding sources for the rainy day fund and also allows money in the fund to be used for any purpose with a two-thirds vote of the legislature. Funding sources include: an annual General Fund appropriation of $5 Million (appropriation is optional if the fund balance is at least 5% of total General Fund appropriations under the 6% limit of the preceding fiscal year or if General Fund revenue is estimated to limit General Fund appropriations to growth of less than 4%.); $10 million of the tobacco settlement money that is credited to the General Fund annually; and 10% of excess General Fund reserves.) The motion to reconsider amendment L.003 passed on a 13-0-0 vote. | |
SECONDED: | Cloer | |
VOTE | ||
Benefield | Yes | |
Cloer | Yes | |
Crane | Yes | |
Frangas | Yes | |
Garcia | Yes | |
Harvey | Yes | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | Yes | |
Judd | Yes | |
Vigil | Yes | |
Not Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS |
BILL: | HB06-1050 | |
TIME: | 12:11:01 PM | |
MOVED: | Cloer | |
MOTION: | Moved a substitute motion to adopt amendment L.008. The amendment provides for the funding sources for the Budget Stabilization Fund in House Bill 06-1050 beginning FY 2006-07. The three primary funding sources are: from the General Fund, for FY 2006-07, an appropriation in the amount of any difference between the 6 percent limit and the amount of General Fund appropriations actually made, for each subsequent year, $5 million; plus, 10 percent of the amount of any General Fund surplus that is credited to the Highway Users Tax Fund and the Capital Construction Fund (2/3, 1/3 diversion); plus, from the tobacco litigation settlement moneys, $10 million per year unless the state does a full or partial tobacco securitization, in which case the first $150 million of net proceeds. The substitute motion to adopt amendment L.008 passed without objection by those members present. | |
SECONDED: | McCluskey | |
VOTE | ||
Benefield | ||
Cloer | ||
Crane | ||
Frangas | ||
Garcia | ||
Harvey | ||
Jahn | ||
Kerr | ||
Marshall | ||
Massey | ||
McCluskey | ||
Judd | ||
Vigil | ||
Not Final YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
BILL: | HB06-1050 | |
TIME: | 12:11:32 PM | |
MOVED: | Frangas | |
MOTION: | Refer House Bill 06-1050, as amended, to the Committee on Appropriations. The motion passed on a 12-1-0. | |
SECONDED: | Judd | |
VOTE | ||
Benefield | Yes | |
Cloer | Yes | |
Crane | Yes | |
Frangas | Yes | |
Garcia | No | |
Harvey | Yes | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | Yes | |
Judd | Yes | |
Vigil | Yes | |
Final YES: 12 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS |
BILL: | HB06-1164 | |
TIME: | 12:13:15 PM | |
MOVED: | Cloer | |
MOTION: | Moved to postpone House Bill 06-1164 indefinitely. The motion passed on a 13-0-0 vote. | |
SECONDED: | Judd | |
VOTE | ||
Benefield | Yes | |
Cloer | Yes | |
Crane | Yes | |
Frangas | Yes | |
Garcia | Yes | |
Harvey | Yes | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | Yes | |
Judd | Yes | |
Vigil | Yes | |
Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS |
BILL: | HB06-1114 | |
TIME: | 12:14:56 PM | |
MOVED: | Garcia | |
MOTION: | Moved to postpone House Bill 06-1114 indefinitely. The motion passed on a 10-2-1 vote. | |
SECONDED: | Judd | |
VOTE | ||
Benefield | Yes | |
Cloer | Excused | |
Crane | Yes | |
Frangas | Yes | |
Garcia | Yes | |
Harvey | No | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | No | |
Judd | Yes | |
Vigil | Yes | |
Final YES: 10 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS |
BILL: | SB06-045 | |
TIME: | 12:21:38 PM | |
MOVED: | Judd | |
MOTION: | Refer Senate Bill 06-045 to the Committee on Appropriations. The motion passed on a 11-1-1 vote. | |
SECONDED: | Benefield | |
VOTE | ||
Benefield | Yes | |
Cloer | Excused | |
Crane | No | |
Frangas | Yes | |
Garcia | Yes | |
Harvey | Yes | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | Yes | |
Judd | Yes | |
Vigil | Yes | |
Final YES: 11 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: PASS |
BILL: | HB06-1163 | |
TIME: | 12:23:07 PM | |
MOVED: | Harvey | |
MOTION: | Moved to postpone House Bill 06-1163 indefinitely. The motion passed on a 12-0-1 vote. | |
SECONDED: | Kerr | |
VOTE | ||
Benefield | Yes | |
Cloer | Excused | |
Crane | Yes | |
Frangas | Yes | |
Garcia | Yes | |
Harvey | Yes | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | Yes | |
Judd | Yes | |
Vigil | Yes | |
Final YES: 12 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |
BILL: | HCR 06-1002 | |
TIME: | 12:36:57 PM | |
MOVED: | Frangas | |
MOTION: | Moved amendment L.001. (During the March 8, 2006, committee meeting, Representative Gardner explained that the resolution would use General Fund revenue retained by the state under Referendum C in excess of the amount estimated to be retained in the Blue Book during state fiscal years 2005-06 through 2009-10 as a funding source. Amendment L.001 removes this initial funding mechanism in the resolution. The motion passed without objection by those members present. (The following motion to reconsider amendment L.001 was made after the drafter pointed out that subsequent amendments discussed by the committee would be a settled question.) | |
SECONDED: | Massey | |
VOTE | ||
Benefield | ||
Cloer | ||
Crane | ||
Frangas | ||
Garcia | ||
Harvey | ||
Jahn | ||
Kerr | ||
Marshall | ||
Massey | ||
McCluskey | ||
Judd | ||
Vigil | ||
Not Final YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
BILL: | HCR 06-1002 | |
TIME: | 12:37:59 PM | |
MOVED: | Garcia | |
MOTION: | Moved to reconsider amendment L.001. The motion passed on a 12-0-1 (see above note). | |
SECONDED: | Frangas | |
VOTE | ||
Benefield | Yes | |
Cloer | Excused | |
Crane | Yes | |
Frangas | Yes | |
Garcia | Yes | |
Harvey | Yes | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | Yes | |
Judd | Yes | |
Vigil | Yes | |
Not Final YES: 12 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |
BILL: | HCR 06-1002 | |
TIME: | 12:43:14 PM | |
MOVED: | Harvey | |
MOTION: | Moved a substitute motion to adopt amendment L.004. The amendment would allow the General Assembly to access the rainy day fund with a 2/3 majority vote of each chamber and a majority vote if revenues are insufficient to meet the 6 percent General Fund appropriations limit. The motion passed on a 11-1-1 vote after the following amendment to amendment L.004 failed. | |
SECONDED: | Marshall | |
VOTE | ||
Benefield | Yes | |
Cloer | Excused | |
Crane | Yes | |
Frangas | Yes | |
Garcia | Yes | |
Harvey | No | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | Yes | |
Judd | Yes | |
Vigil | Yes | |
Not Final YES: 11 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: PASS |
BILL: | HCR 06-1002 | |
TIME: | 12:55:55 PM | |
MOVED: | Harvey | |
MOTION: | Moved to amend amendment L.004 by lowering the appropriations limit trigger from 6 to 5 percent. Thus, if revenues were to allow appropriations to only grow by 5 percent rather than 6 percent, the General Assembly could access revenue in the rainy day fund by a majority vote. The motion failed on a 7-5-1 vote. | |
SECONDED: | McCluskey | |
VOTE | ||
Benefield | No | |
Cloer | Excused | |
Crane | Yes | |
Frangas | No | |
Garcia | No | |
Harvey | Yes | |
Jahn | No | |
Kerr | Yes | |
Marshall | No | |
Massey | Yes | |
McCluskey | Yes | |
Judd | No | |
Vigil | No | |
Not Final YES: 5 NO: 7 EXC: 1 ABS: 0 FINAL ACTION: FAIL |
BILL: | HCR 06-1002 | |
TIME: | 01:00:45 PM | |
MOVED: | Harvey | |
MOTION: | Refer House Concurrent Resolution 06-1002, as amended, to the Committee of the Whole. The motion passed on a 10-2-1 vote. | |
SECONDED: | Garcia | |
VOTE | ||
Benefield | Yes | |
Cloer | Excused | |
Crane | Yes | |
Frangas | Yes | |
Garcia | Yes | |
Harvey | Yes | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | Yes | |
Judd | No | |
Vigil | No | |
Final YES: 10 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS |
BILL: | SB06-173 | |
TIME: | 01:06:38 PM | |
MOVED: | Marshall | |
MOTION: | Refer Senate Bill 06-173 to the Committee on Appropriations. The motion passed on a 12-0-1 vote. | |
SECONDED: | Garcia | |
VOTE | ||
Benefield | Yes | |
Cloer | Excused | |
Crane | Yes | |
Frangas | Yes | |
Garcia | Yes | |
Harvey | Yes | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | Yes | |
Judd | Yes | |
Vigil | Yes | |
Final YES: 12 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |
BILL: | HB06-1394 | |
TIME: | 01:19:38 PM | |
MOVED: | Vigil | |
MOTION: | Moved to refer House Bill 06-1394 to the Committee of the Whole. The motion passed on a 12-0-1 vote. | |
SECONDED: | McCluskey | |
VOTE | ||
Benefield | Yes | |
Cloer | Excused | |
Crane | Yes | |
Frangas | Yes | |
Garcia | Yes | |
Harvey | Yes | |
Jahn | Yes | |
Kerr | Yes | |
Marshall | Yes | |
Massey | Yes | |
McCluskey | Yes | |
Judd | Yes | |
Vigil | Yes | |
Final YES: 12 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |